Reinsurance News
Lloyd’s, the specialist insurance and reinsurance marketplace, has approved the novation of Indian reinsurer GIC Re’s syndicate 1947 managing agency agreement to Davies-owned Asta, effective July 1st, 2025. The agreement relates to bot...
Posted: Jul 01, 2025
Ripe, a UK digital managing general agent (MGA), has achieved 16% year-on-year revenue growth, with turnover increasing to £20.6 million in the 12 months ending 31 December 2024, up from £17.8 million in 2023. This growth marks the company’s 17th...
Posted: Jul 01, 2025
Despite extensive loss activity in Q1, Guy Carpenter anticipates strong reinsurer performance to continue for the rest of 2025, with capital growth of 5% to 7% by year-end. Despite global economic volatility and insured losses nearing $70 billion...
Posted: Jul 01, 2025
Buyers of protection had the opportunity to secure improvements to the structure of their property and specialty reinsurance programmes at the July 1st, 2025, reinsurance renewals, a period in which Gallagher Re notes a shift in the balance of sup...
Posted: Jul 01, 2025
Howden Re, the global reinsurance, capital markets and strategic advisory arm of Howden, has appointed Elliot Richardson as its new Executive Chair, as Rod Fox has decided to step down and leave the business. Fox, the founder of TigerRisk Partners...
Posted: Jul 01, 2025
Lockton, a privately held insurance brokerage, has appointed Nick Serrault as Chief Operating Officer (COO) for its US operations, reporting to Tim Ryan, Lockton’s US President, based in Texas. Serrault has nearly two decades of industry experienc...
Posted: Jul 01, 2025
Responding to a clear market demand, specialist insurer Hiscox has launched a new Cargo API (application programming interface) based solution designed to cover smaller cargo – risks that typically do not get placed in the London insurance m...
Posted: Jul 01, 2025
UNDP’s Sustainable Insurance Forum (SIF), the Taskforce on Nature-related Financial Disclosures (TNFD), and KPMG have partnered to launch a new global programme, ‘NATURE-INSURE’, to strengthen supervisory responses to biodiversity risk. Biodiversi...
Posted: Jun 30, 2025
Will Porter, Head of International Programs Americas at Swiss Re Corporate Solutions, says the firm’s global footprint, through local offices, partners, or past programs, allows it to provide regulatory insights, peer benchmarks, and practical gui...
Posted: Jun 30, 2025
WTW, an advisory, broking, and solutions firm, has launched a new feature in its analytics deployment solution, Radar, enabling users to accurately adjust to market price movements in real time by incorporating Verisk’s ISO Electronic Rating Conte...
Posted: Jun 30, 2025
The Ardonagh Group, a global independent insurance broker, has announced the completion of the previously announced $2.5 billion equity investment led by funds managed by US-domiciled private equity firm Stone Point Capital LLC, valuing the group...
Posted: Jun 30, 2025
Global reinsurer Hannover Re has announced the appointment of Kai Aschenbach as General Manager. In his new role, Aschenbach will focus on the consistent implementation of core IT topics and the standardised support and integration of the company’...
Posted: Jun 30, 2025
MSIG USA, a provider of specialty insurance solutions, has announced the appointment of David Petrone as Northeast region distribution leader. Petrone will leverage his over three decades of industry experience to drive regional distribution strat...
Posted: Jun 30, 2025
MAPFRE RE, the reinsurance and global risks arm of Madrid-based insurer MAPFRE, has strengthened its senior management with the appointment of Fernando Utrilla Agüero as Deputy Chief Financial Officer (CFO) and José López González as Assistant Gen...
Posted: Jun 30, 2025
Fitch Ratings, a credit rating agency, reports that China’s non-life insurance sector continues to exhibit strong financial stability, which has supported consistent growth in premiums and improved underwriting outcomes during the first quarter of...
Posted: Jun 30, 2025
Florida Insurance Commissioner Mike Yaworsky has announced the addition of two new insurance companies approved to write residential policies in the state, reflecting continued progress in Florida’s insurance market. Since major legislative reform...
Posted: Jun 30, 2025
In its mid-year 2025 reinsurance market dynamics report, Aon has highlighted that the increased availability of property catastrophe reinsurance, combined with greater flexibility from reinsurers, makes this an opportune moment for insurers to ree...
Posted: Jun 30, 2025
Managing general agent Advantage Re has joined the Dubai International Financial Centre (DIFC), a financial hub for the Middle East, Africa, and South Asia (MEASA). This strategic move brings Advantage Re’s specialised expertise in insurance, rein...
Posted: Jun 30, 2025
Amynta Risk Solutions, an insurance services company with more than $3.5 billion in managed premium, has appointed Michael Coghlan to lead its Accident and Health (A&H) Reinsurance business. Coghlan is an insurance and reinsurance industry vet...
Posted: Jun 30, 2025
French reinsurer SCOR has announced the appointment of Gilles Nansenet as Global Account Executive within its Global Client Unit in Paris. Nansenet brings 35 years of experience in the property and casualty reinsurance industry. He joins SCOR afte...
Posted: Jun 30, 2025
Lloyd’s Chair, Sir Charles Roxburgh, has issued a statement commending the removal of Section 899 from the reconciliation bill by the United States Treasury and Congress, noting that the decision “greatly supports” not only Lloyd’s bus...
Posted: Jun 30, 2025
FortressFire, a provider of wildfire analytics and property-specific protection services, brokers BMS Group and EPIC have come together to launch the Fine Art Wildfire Insurance Program to protect high-value collections in California. This product...
Posted: Jun 30, 2025
Addresscloud, a geocoding and property intelligence expert, has announced the appointment of Tim Martin as Data Director, a move that reinforces the company’s commitment to delivering best-in-class location intelligence to the insurance sector. In...
Posted: Jun 30, 2025
Mergers & Acquisitions (M&A) insurance claims payouts have surged in recent years, with 2024 marking the highest year on record for M&A insurance payouts, according to a recent Aon study. The research highlights a significant increase...
Posted: Jun 27, 2025
LexisNexis Risk Solutions, a provider of data and analytics for the insurance industry, has released LexisNexis Location Intelligence for Commercial, a tool aimed at improving the assessment of commercial property risks during underwriting and pol...
Posted: Jun 27, 2025